Categories AlphaGraphs, Earnings

Hindustan Zinc Ltd Q2FY24; 35% fall in Profits

Incorporated in 1966, Hindustan Zinc has a rich experience of more than five decades in Zinc- lead mining and smelting. Ranked #1 in the Metals and Mining Category in Asia Pacific in Dow Jones Sustainability Index 2019, HZL is one of the lowest cost producers of zinc globally and it is India’s Only Integrated producer of Zinc, Lead, Silver.

Financial Results:

  • Hindustan Zinc Ltd reported Revenues for Q2FY24 of ₹6,792.00 Crores down from ₹8,336.00 Crore year on year, a fall of 18.52%.
  • Total Expenses for Q2FY24 of ₹4,710.00 Crores down from ₹4,777.00 Crores year on year, a fall of 1.4%.
  • Consolidated Net Profit of ₹1,737.00 Crores down 35.21% from ₹2,681.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹4.11, down 35.28% from ₹6.35 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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